金融街(000402) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2.59 billion, a decrease of 57.94% compared to ¥6.15 billion in Q1 2024[2] - The net profit attributable to shareholders was a loss of ¥381.67 million, worsening by 36.13% from a loss of ¥280.37 million in the same period last year[2] - The weighted average return on equity was -1.55%, a decline of 0.77 percentage points from -0.78% in the previous year[2] - The basic and diluted earnings per share were both -¥0.13, a decrease of 44.44% from -¥0.09 in Q1 2024[2] - Operating profit for Q1 2025 was reported at -¥520,098,440.33, worsening from -¥164,007,733.37 in the same quarter last year[32] - The total comprehensive loss for Q1 2025 was ¥427,708,834.64, compared to a comprehensive income of ¥217,454,804.45 in the same period last year[33] - The comprehensive income total was -¥136,843,923.45, compared to -¥74,427,939.49 in the previous period, indicating a worsening of approximately 84%[35] Cash Flow - The net cash flow from operating activities increased significantly by 408.29%, reaching ¥954.36 million compared to ¥187.76 million in Q1 2024[11] - The company maintained a cash flow from operating activities that remained positive during the reporting period, ensuring financial stability[20] - The net cash flow from operating activities for the first quarter of 2025 was ¥954,360,230.08, a significant increase from ¥187,758,736.84 in the previous period, representing a growth of approximately 408%[36] - The net cash flow from financing activities was -¥1,533,032,552.39, worsening from -¥996,961,124.48 in the previous year, reflecting a decline of approximately 54%[37] - The company reported a net cash flow from investment activities of ¥314,603,603.29, a substantial increase from ¥7,119,574.72 in the previous year, marking a growth of over 4,300%[37] - The total cash inflow from financing activities was ¥8,652,552,025.63, compared to ¥2,330,600,000.00 in the prior period, indicating a year-over-year increase of about 271%[37] - The total operating cash inflow for the parent company was ¥22,992,835,168.80, compared to ¥9,835,068,590.07 in the same period last year, representing an increase of approximately 134%[38] - The net cash flow from operating activities for the parent company was ¥2,865,102,463.77, a turnaround from a negative cash flow of -¥898,651,892.54 in the previous year[38] Assets and Liabilities - The total assets as of March 31, 2025, were ¥119.05 billion, a decrease of 2.12% from ¥121.63 billion at the end of 2024[2] - The total liabilities decreased from CNY 94.032 billion at the end of the previous year to CNY 91.878 billion[29] - The total current assets decreased from CNY 72.857 billion at the end of the previous year to CNY 69.977 billion[28] - The total liabilities due within one year decreased by 40.97% to ¥2.28 billion from ¥3.86 billion at the end of 2024[7] - The company's total equity as of March 31, 2025, was ¥31,963,239,990.60, down from ¥32,100,083,914.05 at the end of the previous year, indicating a decline of about 0.4%[31] - The total liabilities decreased to ¥64,070,081,346.60 from ¥67,186,668,736.85 year-over-year, reflecting a reduction of approximately 3.2%[31] Sales and Market Performance - In Q1 2025, the company achieved a sales contract amount of approximately RMB 2.75 billion, with a sales area of about 197,000 square meters[20] - Residential products accounted for RMB 2.38 billion in sales contracts, covering a sales area of 132,000 square meters, while commercial products generated approximately RMB 370 million in sales contracts over 65,000 square meters[20] - The overall sales area of commercial housing in China decreased by 3.0% year-on-year in Q1 2025, with a sales amount decline of 2.1%[18] - The company is actively adjusting its sales strategies in response to market changes to improve sales recovery[20] Financial Agreements and Guarantees - The total amount of guarantees provided for mortgage loans reached RMB 4.18777 billion by the end of the reporting period[23] - The company has signed a financial service agreement with Beijing Financial Street Group Financial Co., Ltd., with a transaction limit not exceeding RMB 8.204 billion[26] - The company has not provided guarantees for its controlling shareholders or related parties during the reporting period[25] Other Financial Metrics - The company's cash and cash equivalents decreased from CNY 12.811 billion to CNY 12.490 billion[28] - The accounts receivable increased from CNY 490.950 million to CNY 537.851 million[28] - The inventory decreased from CNY 50.989 billion to CNY 48.952 billion[28] - The total equity attributable to shareholders decreased from CNY 24.883 billion to CNY 24.501 billion[29] - The company's long-term borrowings increased from CNY 29.633 billion to CNY 31.518 billion[29] - The company's initial deposit balance at the beginning of the reporting period was CNY 1.261 billion, while the ending balance was CNY 1.201 billion, with a peak daily deposit amount of CNY 1.261 billion[27] - The initial loan balance at the beginning of the reporting period was CNY 2.044 billion, with no new loans added during the period, resulting in an ending loan balance of CNY 1.894 billion[27]